About Punjab National Bank

Punjab National Bank has been recently announced as the first among all banks in deposit mobilized through Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts. Having said that, the bank has opened more than 135 lakh accounts and mobilized ₹1814 Crores and hence has got the appreciation for this commendable work. The bank has been in the banking and financial services from last 121 years and since then it has been working towards the development of the society in both economic as well as social sectors. PNB has spread its wings outside India from where it has got equal support and won the hearts of many. The bank has its branches in Dubai, Sydney, Kabul, Hong Kong, Shanghai, etc. to name a few.

With the customer-friendly products and services, PNB has stood as a competition to other banks when it comes to offering affordable loans. Other than loans, the bank also has designed higher saving products like FD that give people a chance to earn higher interest from their savings. The home loan rates are one of the lowest rates in the present market today. In Jaipur also, the bank has branches in all the places that are easy to contact. So, here are some of the branches in the city and the detailed description of all the products offered by Punjab National Bank.

Punjab National Bank Jaipur Branches

Branch Name

Complete Address

IFSC Code

MICR

Contact Number

M C B, Jaipur

MI Road, Jaipur, Rajasthan

PUNB0022100

302024003

0141-2562894, 3472

Bapu Nagar, Jaipur

Raj Marg, Bapu Nagar, Jaipur , Rajasthan - 302015

PUNB0024700

302024004

01412706953, 2711137

Jhotwara, Jaipur

Factory Area Road, Jhotwara, Jaipur, Rajasthan - 302012

PUNB0076700

302024010

0141-2340520, 2346230

Jaipur, Dher Ka Balaji

Dherka Balaji, Tindukan, Sikar Road, Jaipur - 302024

PUNB0158600

302024011

0141-2231603, 2230693

Jaipur, Tripolia Bazar

Tripolia Bazar, Jaipur Rajasthan 302002

PUNB0193900

302024009

0141-2571961, 2560449

RCC Jaipur

Parnami Mandir, Raja Park, Jaipur, Rajasthan

PUNB0209100

302024001

0141-2620106, 2620359

Chandpole Bazar, Jaipur

Chandpole Bazar, Jaipur, Rajasthan

PUNB0220800

302024002

0141-2366028, 2378208

Raja Park Road, Jaipur

Raja Park Road, Jaipur, Rajasthan

PUNB0222600

302024008

0141-2622649, 1257

New Truck Stand, Jaipur

New Truck Stand, Jaipur, Rajasthan - 302003

PUNB0223400

302024007

0141-2642599, 2641083

Jawahar Nagar, Jaipur

7 DA 25, Jawahar Nagar, Jaipur, Rajasthan - 302204

PUNB0224600

302024006

0141-2650402, 2864

Tonk Road, Jaipur

Everest Colony, Tonk Road, Jaipur, Rajasthan - 302015

PUNB0226300

302024012

0141-2741922, 2741957

Brahmpuri

Brahmpuri, Jaipur, Rajasthan - 302002

PUNB0297600

302024013

0141-2315481, 2328016

Jaipur IBB

Sarojini Marg, Jaipur , Rajasthan - 302001

PUNB0298700

302024020

0141-2361503, 2372225

Jaipur, Johri Bazar

Johri Bazar Jaipur Rajasthan - 302003

PUNB0355300

302024015

0141-2565822, 7534

Products Offered by Punjab National Bank in Jaipur

In Jaipur, Punjab National Bank offers affordable personal loans, home loans, Pradhan Mantri Mudra Yojana, loan against property, car or vehicle loans, under the loan products. Also, the saving options like Fixed Deposits and Recurring Deposits are made keeping in mind the financial needs of the customers. Below are the details like eligibility criteria, annual interest rate, tenure, fund limit, documents and other general details that you must know while applying at Punjab National Bank.

Basic Details of Punjab National Bank Products

Product

Eligibility

Amount

Interest Rate

Processing Fee

Tenure

Home Loan

For Public:Individuals or Joint owners.For Pradhan Mantri Awas Yojana:EWS households are defined as households having an annual income up to ₹3,00,000 LIG households are defined as households having an annual income above ₹3,00,000 and up to ₹6,00,000

Minimum age of 21 yearsMaximum age of 58 years₹15000 per month at metro centres₹12500 per month at urban centresMinimum Net Monthly Income of ₹10000 per month at semi-urban and rural centresTotal work experience of 2 yearsMinimum 1 year of stay at current residenceFor Self-employed:Age between 21-65 yearsMinimum Net Monthly Income of ₹20,000/-Total work experience of 2 years

Up to ₹5 lakhs to a subject of 20 times monthly salary of the applicant whichever is lower

Individuals / Partnership / Ltd Liability Partnership / Pvt. Ltd. Co. /Public Ltd.Co/Trust and Co-operative Societies registered under any law relating to cooperative societies engaged in rendering of service and are categorized as Micro, Small & Medium Enterprises. ii) In Service Sector, the person behind the project/service provider is very important. Their qualification/experience is to be taken into account. iii) For the list of activities under service sector, various notifications from Ministry of MSME, GOI may be referred.

Up to ₹2 Crores

As per extant guidelines of the bank

Up to ₹500

Up to 7 years

Loan Against Property

For Personal Needs:Employees of Central/State Govt./Schools/Colleges/Public Sector Undertakings (PSUs)/Reputed Corporates and Other Income Tax AssessesMaximum age of 60 yearsMinimum Net Monthly Salary of ₹10,000/- for last 3 years for salaried classMinimum Net Annual Income of ₹1,20,000/- for other income tax assessesQuantum of Finance from ₹1 lakh to ₹5 lakhMaximum 75% of the market value of the propertyMaximum three times of Annual Gross IncomeMaximum Four times of Annual Gross IncomeNet Income should be double that of Monthly Instalment in the case of Term Loan as well as Overdraft limit on monthly reducing DP basis.

For Business Needs:

Existing customers with a satisfactory track record of three years (cash profits during last three years and net profit in the immediately preceding year)Minimum Net annual Income/ Net Profit of ₹120000/- and aboveQuantum of Finance from ₹5 lakh to ₹5 CroresMaximum 75% of the market value of the propertyMaximum three times of Annual Gross ProfitMaximum Four times of Annual Gross ProfitNet income should be 1.5 times that of EMI in the case of Term Loan and that of interest amount ( on full sanctioned limit) in the case of Overdraft limit. Interest and depreciation charges will be added back for the purpose of arriving at Net Income/ profit

Up to ₹500 lakhs

Up to MCLR +6.00

Term Loan: 0.90% of loan amount, Maximum ₹45000/- Working Capital: Rs 300/- per lac or part thereof on yearly basis

Up to 10 years

Fixed Deposit

Individual (singly or jointly) with others.Minors who have attained the age of 10 years and above in his own name on giving proof of age by his guardian or any other reliable source or through his natural/legal guardian.Proprietorship/partnership firm, commercial organization, company/ corporate body.Hindu Undivided Family.Association, club, society, trust or religious/charitable or educational institution.Municipality or Panchayat, Government or quasi-government body.The illiterate and blind persons can also open the account.

Minimum- ₹100Maximum- ₹10 Crores

5.70% - 7.41%

NA

Up to 10 years

Documents Required

Here are the documentation required to apply at Punjab National Bank, that an applicant must follow so as to get instant approval and easy processing.

Title Deeds of the Plot Proof of no encumbrances on the propertyCopy of the plans approved by the Local AuthoritiesConstruction estimate by an Architect / Civil engineer

Other Documents:

Employment Contract/Appointment Letter in case current employment is less than 1 year oldLast 6 months' Bank Statements showing repayment of any ongoing loansDuly filled application form along with recent passportOwn Contribution Proof

Personal Loan

For Salaried:

Loan application form with passport size photographIdentify proof with unique identification number in case of military/ para military personnelEducational qualification proofAge proofProof of official address and residential addressIncome proofLatest salary slipForm 16, duly authenticated by the employer

For Self-employed:

Loan application form with passport size photographIdentify proof with unique identification number in case of military/ para military personnelEducational qualification proofAge proofIncome proofIT returns for the last three financial yearsLatest bank statement

Disclaimer: MMPL does not sell any loans on our own and do not charge any fee from any customers/viewers. We advise customers/viewers to choose from best offers from Banks and its advertisers. We do not guarantee any loans as loan sanction is as per Banks and Nbfcs. We suggest all users to never pay any upfront amount for any loan disbursal and if any person who call you as representative of MMPL and ask for any amount report the incident immediately via putting us a mail at [email protected]Read More